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20121201
20121231
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Search Results 0 to 49 of about 87 (some duplicates have been removed)
WHUT
Dec 31, 2012 8:30am EST
u.s. spending for defense at $699 billion. >> we can reduce that by well over a $100 billion a year. >> the range of new threats include cyber threats, bio threats, and a host of non-state actors. >> how do you do all of this on the budgets we have for the armed forces given the debt situation we have in our own country? >> that's going to be, i think, in many ways the biggest debate within the military, if not, in society at large. (instrumental music) >> in a democracy agreement is not essential, but participation is. >> never before in our history have we been so inter-connected with the rest of the world. >> foreign policy is actually not foreign. >> america has faced great hardship before and each time we have risen to the challenge. >> the ultimate test is to move our society from where it is to where it has never been. >> join us as we explore today's most critical global issues. join us for great decisions. (instrumental music) >> great decisions is produced by the foreign policy association, inspiring america's to learn more about the world. sponsorship of great decisions i
CNBC
Dec 28, 2012 4:00am EST
today in what could be the last chance to come talk before the u.s. falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell s
CNBC
Dec 24, 2012 5:00am EST
. these are your headlines from around the world. >> with just one week to go before the u.s. economy goes over the fiscal cliff, lawmakers are pointing fingers and playing the blame game. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and th
CNBC
Dec 13, 2012 4:00am EST
if the u.s. economy goes over the fiscal cliff. >>> and the fed takes the new and surprising step in its ongoing efforts to boost the economy, tying interest rates directly to the u.s. unemployment rate. >>> plus, investors cheering the plan to save danone's plans to offset losses over the next two years. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> welcome to the program. coming up on today's show, we'll be plenty busy. we head out to tokyo where carry enjoji has been talking about the upcoming elections. then, we hone in on central london where one pilot project is living roof and major buildings. find out what green living can do go r to improve the area. >>> and today, the 1 billionth international tourist will reportedly arrive at a destination in the world. at 11:20 central time, we'll speak to the world travel council to find out why france is still the world's top destination but more money is spent in the u.s. and central america is now a star performer. first, we want to get the latest news. looking for confidence out
FOX Business
Dec 25, 2012 7:00pm EST
only 6,000 prius sold in the first three quarters, leaving us with the number one electric car in the u.s., yeah, you got it, the always controversial chevy volt which does not make this noise. get this, the best selling car has just 13,000 sales. that's the best selling one. that's the one that does really, really good. the car is constantly a disappoint dollars. that is it for next "the willis report." thank you for joining us and i wish you and your families all have a very, very merry christmas. have a great night. lou: good evening, everybody. obama administration's collectible middle east policy. egypt right now on the grip of the worst political crisis since the fall of the president two years ago. and in syria, increasingly desperate measures to counter an insurgency that is slowly but surely pushing closer to control of the capital city of damascus. we will take all that up there with the fox news military analyst, new intelligence report that concludes america's time as the lone superpower is nearing an end. john negroponte joins us to discuss our nation's future as
CSPAN
Dec 14, 2012 9:00am EST
not to meet with us. the message about our concern, again, not just those of the united states but britain and france come we traveled there as the t-3, three permanent members of the security council who have worked together on many issues. but we did speak with the foreign minister, plus some of her colleagues. again, we raised the issue of the need to and outside support. as in previous discussions, the rwandan government strongly, vehemently denies that it is providing any assistance to the m23, and it has not taken the steps of publicly denouncing on a bilateral basis the m23. so we have raised this, and it's important that we continue to monitor this as others in the international community do on a very, very close basis. with respect to your second question about international support, or at least our bilateral support to the rwandan government, i start with what i said to congressman marino earlier, is that they utilize their international assistance, not only from us in particular, but others very, very effectively and to use it with great integrity. people get it. we are not prov
CNBC
Dec 10, 2012 4:00am EST
three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to you, kelly. here is the time frame for you. over the next few weeks, we're expecting the budget sta
CNBC
Dec 18, 2012 4:00am EST
on, pressure on the price of oil, indisexposeble incomes and henry joins us now. 2013, what does pressure on the price of oil mean? >> downward, i think. i think what we see is some significant nonopec finds. we see falling u.s. demand, rising supply. we see miles driven. there's technology at play. probably the biggest thing that could happen to the auto industry and we can come on to that. that's only a few years out. the message from the futures market that we're get sg oil should be some $10 to $15 lower. if we were to get $10 off the oil price, it broadly equate toes about 1% gdp surprising the western world. it's that time of year where we're pending our thoughts to next year. tangible, economic prices to next year. it will be oil related, a chance, good job with raising the tax threshold in the uk. that means for the first year in five. uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been t
CNBC
Dec 31, 2012 4:00am EST
would continue to grow, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. and if, you know, people start seeing that on january 1st this problem still hasn't been solved, that we haven't seen the deficit reduction that we could have had had the republicans been willing to take the deal that i gave them, if they say that people's taxes have gone up, which means consumer spending is going to be depressed, then, obviously, that's going to have an adverse reaction in the markets. >> what about automatic spending cuts? those take effect january 1st, as well. do they have to be part of this deal? you've got half of those cuts in defense law? >> well, congress agreed they would cut an additional $1.2 trillion in spending. they put a committee together to try to come up with those numbers. they didn't figure out how to do it. so what we now have is a situation where these automatic spending cuts go into place. now, if we have raised some revenue by the wealthy paying a little bit more, that would be sufficient to turn off what
CNBC
Dec 20, 2012 4:00am EST
next month. >> luca, stay with us. we want to bring you major news out of neighboring korea. south korea has chosen its first ever female president. cheri kay has all the news. how significant is the election of miss park? >> well, i mean, she's really made history, set to become south korea's first woman president. it was a very tight race, a very polarized election with park winning 51.5% of the votes. but in the end, south korea made a choice that means more hope of economic recovery. scenes of joy as the v in south korea's presidential poll. >> this election is your victory. this is a victory brought by the people's hope for overcoming crisis and economic recovery 37. >> the daughter of a former military leader will take office next year as the country's first female president, challenging syria types in a country traditionally ruled by men in suits. she will be tasked with getting the slowing economy back on track at a time when growth rates have risen to a meager 2% now. but she will need to do it in a way that appeases young voters who are calling for more balanced income di
CSPAN
Dec 4, 2012 9:00am EST
it is not. america is the oldest country in the modern world. because the american constitution provided us with a template for classless democracy. not the america that she did but certainly that was the ideological template around it. india is important, 1947, because india is the oldest nation and the postcolonial world. and the indian constitution similarly creates an ideological template for democracy. but with the emergence of india also emerged china, and china had a different template. again, not getting into what is right and what is wrong, but these are alternative -- how to run your nation and postcolonial society. and very interesting we received in comparison to parties, won the congress and the chinese communist party. actually became the dominant force in the post-independent state. one advocate would have to be -- because both emerge from ravaged economically driven set of needs. the congress offered soft left. the chinese offered hard left, or autocratic left. a long story, both had -- >> you said long story shorter i want to get to the short part. spent discussing it with
CNN
Dec 11, 2012 2:00am PST
>>> that's it for us. >>> that's it for us. thanks for watching. "early start" begins now. >>> without warning, a surprise tornado strikes in the middle of a series of severe storms throughout the southeast. >>> plus, secret sabotage. police want to know who's behind the pipe bombs found attached to the gas tank of a large truck. >>> mum's the word on the air force's secret space plan set to blast off today. secret but we have some details. >> we know all about it. >> good that's right. good morning and welcome to "early start," everyone, i'm john berman. >> and i'm zoraida sambolin. tuesday, december 11th, 5:00 a.m. in the east. we begin this morning in the south where more storms are expected today. this after residents are left cleaning up from the aftermath of yesterday's storms. the rain was so intense. take a look at what happened to the home of one man, this is birmingham, alabama as he was being interviewed by a local tv reporter. >> we had dogs. he was in the cage. oh, my god. oh, my god. oh, my god. you all okay? you all okay? you all all right? >> look at that,
CNBC
Dec 3, 2012 4:00am EST
us for more is alan capp, head of credit straebtegyt lloyds. alan, let's get your reaction. the number is going in the right direction. does it make much of a difference? >> right now the equity markets have had a great run. they're looking a bit overstretched. so i'm strul link to see how financial markets will respond positively to this. i think we need something bell to repel us forward. >> what do these numbers translate into in your forecast? >> what these are suggesting to us is manufacturing will not be able to support any growth in the eurozone, so it suggests that the downturn in gdp is likely to continue into fourth quarter, remain in recession and that's obviously a struggle on global growth, as well. >> and we stay in recession in the first quarter? we're now in december. >> there are some signs particularly the china pmi numbers and what we've seen from gdp recently that maybe some of the markets key to u.s. exporters may be showing signs of stabilizing, maybe get to growth. so that might mean moderation in the eurozone might ease in the first quarter. but agai
CSPAN
Dec 14, 2012 11:00pm EST
, but accurate thomas of abuse in the second panel will tell us the exact same thing that it's moving smoothly and we have no strong need for concerns. but which case he can make her happily. if not, the old adage of the host, paul hervey and now we hear the rest of the story. so with that, we'll start right off as we normally do from the left. from berkeley is a recognized and welcomed me to the panel and you are recognized for five minutes. >> thank you. good afternoon, chairman garrett and members the committee. my name is keith bailey. i am from barclays in that division. i appreciate the opportunity to testify on behalf of the institute of international bankers of the dodd-frank at in its impact on the market. the iab greatly appreciates the hard work done by regulators and congressional committees. we face the cftc in getting this right to operate on such a global basis. a test on a focus on continuing certainty of the type of seven regulations the effect it's having on the risk of the market of the implementation process is not on a more stable footing. they recognize the need for inter
FOX Business
Dec 8, 2012 12:00am EST
>> wanna and v tonight. a huge break through for u.s. natural gas. a key government study could open the door for eorts and create a boom for the economy. the only thing standing the way though is present obama. we'll drill down with a natural gas company's ceo. >>> plus fighting crazy with crazy. could two plat nurm coins worth a trillion dollars each solve our debt crisis? is it as nuts as it sounds? bear with me here, people. our "money" power panel will break it down. >>> are plastic bags the way to extinction. they're completely banned in two cities. chicago wants to nix them. guess who is behind it? my favorite chicago alderman. i say stop the madness. but alderman joe moreno is here to disagree with me. even when they say it is a not it is always about money melissa: first let's take a look at today's market headlines. mediocrity apparently the reason to buy on wall street today. the november jobs report came in above expectations but the 146,000 jobs added is below average monthly growth for the past two years. that and 350,000 americans left the workforce. it all someh
CSPAN
Dec 6, 2012 9:00am EST
stability and security of the asia-pacific as we protect u.s. national interest. and, of course, the keys to success will be innovative access agreements, greatly increased exercises, rotational presence increases, efficient force posture initiatives that will maximize the dollars that we are given to stand. and it also is by putting our most capable forces forward, as was her newest most advanced equipment to ensure we effectively operate with our allies and partners across a wide range of operations as we work together for peace and stability. i was asked to keep these opening remarks at little shorter than the last time, so i can get to your questions. so i'd like to finish up with a couple of thoughts. the rebalanced is based on a strategy of collaboration and cooperation. thought containment. and that the united states is a pacific power that will remain a pacific power, and we at pacom look forward to doing our part to keep asia is difficult full, peaceful and secure for decades to come. thank you. >> will take our first question writer spent admiral, thank you for meeting
LINKTV
Dec 13, 2012 11:00am PST
they see igorer w lng around them. liss i knew ts house well, because i used to play across the street from it, anit had beautiful timbe inside and oak fors, and what we got in its place is this motrosity, which certainly esn't fit intoheeighborhood at all. they're pi, ey're fluf, they're g,hey'riendly,here. and it really annoys me that people come in here and don't wa to blend into the neighborhood. narrator: like lissa forshaw, man: jthey either didn't want ous an older house, or they didn't want to fixt up, or money was no object, swith houses cong down and new houses going up, d the w houses unfortunately withhe existg archture. a cole of years o, this was just like a new suburb. there was just simply such an incredible density narratorto geograph, olr uses le this oneonstruction. being replaced by newer ones like these, reflect more than just a local superficial trend. they are the result of global forces from f beyonthis region. here we are now in south shaughnessy in a street where i would guess more than half the houses have been rebuilt within the last five years, and it's a striki
CSPAN
Dec 7, 2012 5:00pm EST
is the negotiators are probably going to use a baseline that is different from the congressional budget office and senator warner talks about getting savings from the tax rates going up on what the americans. as i understand, it is already built into the cbo baseline. so, in terms of getting to that four to 6 trillion-dollar how much are we talking a lot in terms of real savings and in terms of tax increases, and how much are we talking about in terms of coming you know, just a redefined baseline? and then in the other question is can you give us an idea in terms of framework we are likely to see at the end of the year are we just going to see a bunch of top line number $800 billion with some sort of trigger or are we going to see the details, and if we see a bunch of top line numbers, how long does it take to get to feeling that an and drafting the legislation to get it through the congress? >> i would like to answer the second question. >> there is an old adage that says you don't learn a lot on the second kick in the shin from a mule. we've down this road of process. we have 12 fighting hig
CSPAN
Dec 22, 2012 2:00pm EST
with the u.s. think you, i yield back. >> mr. affleck, i think you have raised a central issue, the lack of security among the population. right now we are relying upon congolese government to provide as security. in afghanistan, we've got a questionable partner in the karzai government. that has been difficult. we have a less than credible partner in the congolese government. in afghanistan, we have gone through these stabilization operations as an alternative way to provide security at the local level with the villages, communities, whereby we have been providing some arms and training to the local population there so that they can provide their own security. obviously, the karzai government has been opposed to that. are there any opportunities for any alternative strategies, given the nature of the in theese government any d drc, mr. affleck? >> i will yield to an expert fellow panelist year, but one of the -- the basic issue, and one that will go a long way and that i alluded to earlier, climbing some influence to president -- are applying some influence to president kabila so that p
CSPAN
Dec 7, 2012 1:00am EST
at the history of what has been done. there is a long history of using that debt limit as a moment to distract from the party in power. if we had an academic seminar on the impact of the that struggle and the fiscal policy, he would say that it was a negative thing. >> well, i have never until last year of august 2011, i have not seen any serious effort or serious threat made by the leadership of congress to refuse to give the secretary of treasury the ability to offer to meet obligations congress had adopted. i thought that was a new experience for us. it certainly was for me to see that happen. dr. zandi, you said you think that we need to repeal this law that tries to set a debt limit and concentrate more on taxing and spending policies that causes to raise the debt, as i understand? >> absolutely. it is a bad way to conduct policy. it is a problem. look at july and august of 2011. it was a mess. gdp downgraded the debt. it really had an impact. cbo is estimating the interest costs is costing us money. it is pretty clear that this is not going to get any better going forward. it will be wor
CSPAN
Dec 7, 2012 6:00am EST
with all designated persons connected to the iranian government. it bans trade and commodities used, it is designed to stop iran from busting sanctions by receiving payment in gold or using oil payments in local currency to buy gold. we have got to stop an effort to water down these sanctions. i say that because i remember the votes in the past, i remember our effort on the central bank. it was only because we got unanimous votes because we got so much sport that we were able to deploy those. let me add there's another portion of the amendments here that targets the regime for their human rights abuses and i think one of the areas where we have really been short, for those of you who talked to those who have been in the prisons, who have experienced the torture, seen the murder, experience the rapes, those are routine. iranian officials are involved in that activity but also in massive corruption preventing humanitarian assistance, food and medicine from reaching the iranian people, they are the beneficiaries of some of this and this new amendment would authorize the administration
CNBC
Dec 11, 2012 4:00am EST
>>> the formalitier government is accused of being sent rick. >> massive write-downs n u.s. and brazil while warning over a week's global recovery. >>> and hsbc agreed to settle money laundering charges, paying a record $1.9 billion fine. >>> and we're getting the bumping out here today, not only because it's christmas, but -- >> because james ferguson is here. >> and we are finally in the same place at the same time. ♪ reunited and it feels so good ♪ >> there we go. >> my apologies to everyone for that. >> how about that voice? i feel a christmas sing along coming on at some point. >> it's the holt day spirit. >> it is. >> also, we are outside the u.s. senate. we're going to see just how much progress has been made or how little progress between the president and congress on the fiscal cliff situation. >>> and we'll find out just how much the european debt crisis has affected tourist's willingness to travel to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into wher
FOX Business
Dec 6, 2012 1:00pm EST
pressure, however people use that as a buying opportunity which is evidenced in the two-day chart. with the fiscal cliff fast approaching, naturally it's about time lawmakers took a long recess. >> they're gone today, but will be back tuesday. it meets with small businesses in their district, they will highlight what they say i see ae small business tax hike president obama is pushing. the president is skipping town also for a quick stop in northern virginia. there he will meet with a middle-class family to press congress to protect those making less than $250,000 per year for a tax increase by raising rates on those earning more. the white house demanding a tax rate increase. republicans will agree to increase taxes through eliminating deductions. even if they figure out taxes, democrats and republicans still have to resolve significant differences on entitlements. take a listen. >> it is not even the right thing to do first and foremost. visit the trophy that republicans want? is that what they want to do what is right to raise the rates? speak of the american people want us to
CNBC
Dec 14, 2012 4:00am EST
on the reaction to these figures, we have rob doddson with us. rob, welcome. it appears ta stronger services may be weaker on the manufacturing relative to expectations, at least, but the message broadly is still contraction. >> that's the case. we're seeing the pmi indexes track a bit higher over the last few months. so nothing spectacular there. but this does raise hopes that maybe we could see growth coming into the first quarter. the eu, banking -- things like nap but, again, still down. >> not great news for france if we start to look at some of the indexes. there's a lot of focus on this economy. >> exactly. and the weakest spots, given that it's the second largest economy. now, we did see that return to growth for germany, which is a positive and will be a good gain forward. but say order box, very weak. demand, very weak. business confidence very weak and this is going to be hitting activity indicators going forward. >> even though the manufacturing side of it disappointed, the services was stronger. while services is a big part of the economy, it's where we're trying to see the rebalanc
CNBC
Dec 17, 2012 4:00am EST
of our u.s. voouers to find cnbc world because they could get three hours of you, carol and carolin for the rest of the week. >> whatever they can do. record it and fast forward to the good bits. >> yeah. >> it will be 2:00, 3:00 in the morning or whatever. >>> on today's show, plenty to come on. >> yes. the south american union faces ejection from the imf for allegedly cooking its books about the innation rate. we'll head out to europe where the swiss banking giants could be facing $1.6 billion over libor rate rigging allegations. >> and we'll be on the floor in beijing where china's leaders just wrapped up a major conference. >>> and japan's prime minister election is calling on the bank of japan to heed the call of the masses. abe is beating the heat on the boj just one day after his party's huge win and two days after the bank's next rate setting meeting. kaori enjoji has the latest for us. how much of a game changer is all this? >> this is a serious game changer. it's a comeback for the dlp and shinzo abe. he has made it clear that the economy and economic recovery is going to
CNBC
Dec 21, 2012 6:00am EST
, roger altman and barry knapp. we have thorsten heins joining us, as well. >> our big story of the morning, it could be a tense days for the markets as the resolution to the physical cliff appears less likely. we can see the futures opening at least 150 off if things keep up the way they are. house speaker john boehner failing to mount enough support for his plan b that would raise taxes only on families earning more than $1 million. the president vowing he will press ahead with congress to get a deal done. >> he wasn't going to do it, anyway. what does he mean it will press ahead? >> i don't know. >> because it wasn't going to go to the senate. >> but to me, the demonstration that boehner didn't have the support -- you thought boehner never had the support for this plan? >> no. i'm saying boehner didn't have support to do it even at a million -- >> which suggests to me what kind of rationale -- >> because maybe the house wanted some actually spending cuts. after giving in on tax breaks, they didn't go -- >> we always wondered if boehner can deliver the right. i wonder if th
CNN
Dec 23, 2012 7:00am PST
.com/sotu for extras. for all of us at state of the union, again, we want to wish you a merry christmas and happy holiday season. fareed zakaria "gps" is next for our viewers here in the united states. >>> this is "gps" the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. on the show today, we'll move past the fiscal cliff and talk about the real challenges to the economy. i will talk to the chief economic adviser of the romney campaign and president obama's former budget czar peter orzack, among others. >>> also, let me tell you about the biggest success story in latin america. it's not brazil. much closer to home. then, as the world watches the arab world struggle with democracy, we'll take a look at the problem from an unusual perspective, upside down. how does a country turn away from democracy as eastern europe did 50 years ago? i talked to pulitzer prize winning historian anne happalbaum. >>> the administration had a choice save chrysler by injecting taxpayer dollars or let it fail and let it lose perhaps a million jobs. car czar ste
FOX Business
Dec 14, 2012 1:00pm EST
brand joining us on the state of luxury. adam: right now it is time to check stocks. we will add to the floor of the new york stock exchange. nicole petallides standing there. we are looking to end the week which way. >> reporter: let's see. right now at 13,161, ever so slightly in positive territory. when you look at the markets, keep an eye on 13,155. that is where we ended last friday. we have been up four straight weeks several. the dow has been trending to the upside. when you talk to traders on wall street a continue to think that the rally is in place. the dow, s&p, and nasdaq gaining 45%. these last four weeks. "we are obviously looking good. you are seeing some of the names on the move here. for example, the fear indexes to the upside. names like alcoa, cisco, caterpillar, hewlett-packard are helping the dow along trying to keep the names that are helping. the weighing on the dow would be some of the stocks such as american express, merck, and exxon mobile. adam: we will check in again with you and roughly 15 minutes. thank you very much. lori: congress of for the weeken
CSPAN
Dec 7, 2012 11:00pm EST
are facing now a possible theory of stearate using chemical weapons. they should've been abolished five or 10 years ago if the treaty had been enforced. so it seems to me, go for abolition of these weapons with good, thorough verification. i worked with inf despite the fact that two or three years before we got it, but that would be acceptable. >> rick, your turn. >> as the chairman of the global stearate u.s.a., i have to agree with jack. i won't expound on that. you know, there was no way when i was deeply involved in the issue in the early 80s that i could've foreseen gorbachev. nor could i foreseen the treaty. the zero option when it was propounded was preposterous. i post it. so did the secretary of state. reviewed this and i guess this is the lesson. we view this is largely a challenge and an opportunity and strengthen the alliance. we saw ourselves under threat. the doublecheck decision on deployment of the missiles was part of a broader political military exercise to strengthen the alliance to deal with whatever the next challenge we would face from the soviet union. what i have to sa
CNBC
Dec 14, 2012 6:00am EST
. it is a crazy story we've been talking about for the past two weeks. john mcafee will be joining us live on camera at 8:40 a.m. eastern. we're going to get the latest chapter in this mystery that has murder, mayhem and suspension. his life is the movie of the week, if you will, and we will have it live right here at 8:40. please, do not miss that. let's get you caught up on some of the other headlines this morning. house speaker john boehner and president obama met for the second time this week. both parties are trying to avoid the fiscal cliff. the men had a frank discussion and the lines of communication remain open, although no specific details were released. the meeting came after frustration in washington. this was house speaker boehner earlier in the day. >> republicans want to solve this problem by getting the spending line down. the president wants to pretend the spending isn't a problem. that's why we don't have an agreement. >>> president obama remains hopeful that a deal will get done. he he told a cbs affiliate that he's willing to do a lot more in cuts and spending, i seas,
CNBC
Dec 19, 2012 4:00am EST
in the u.s. which seems to be stabilizing, looking this also at the housing market. so business sentiment better than expected. it is rising. the current conditions a little weaker than expected. add to that the financial analyst numbers we had as of late, also better than expected. not too bad. >> patricia, we'll see you again next hour. thank you very much for following all the latest there. >> sure. >>> now, shares in ubs have edged up in early trade after the bank announced a major settlement with u.s., u.k., and swiss regulators over its role in the libor fixing scandal. with more we'll look at the story with carolyn roth with us on set. i guess we're expecting a settlement, expecting something big. what have we learned today? >> well, first of all, i mean, the market reaction -- ubs up by 1%, can you believe that? what barclays was hit with $450 million fine, i mean, we saw a big hit in barclays' share price. this fine is three time the amount that barclays was fined. $1.5 billion or $1.4 billion swiss>>frank: francs. this is on the libor manipulation charges. ubs must pay swiss reg
CNBC
Dec 10, 2012 6:00am EST
-bowles. erskin bowles will join us this morning, as well. if you have the democrats quoting him, the republicans quoting him, we'll very where he comes down and where things stand right now. >> you do simpson-bowles now instead of the bowls-simpson? >> i looked it up on going.. the more often cited is simple is son-bowles. >> the journal has an interesting piece. they don't like corker for breaking rank. they say why are republicans negotiating this themselves? they say let boehner do the negotiations. anyway, you would be hard pressed to find something who sdn have aen opinion on the fiscal cliff. this weekend, the ahead of the imf said the united states is more vulnerable to its domestic trouble more than anything else happening in the eurozone. christine lagarde says a balanced approach is needed and she says don't kick the can down the road, which is rich coming from a european. >>> european trading the lower this morning. italy's prime minister mario monti, yes, the same one that is famous from all the anti-trust things back in the -- was that the '90s? >> the '90s, yeah. >> monti announcin
CNBC
Dec 14, 2012 9:00am EST
:00 p.m., first responders benefited on long beach island. make sure you join us on monday. "squawk on the street" is next. >>> good friday morning. welcome to "squawk on the street." live at the nyse. a blowout session in shanghai overnight. best single day gain in more than three years on a pretty decent pmi. europe has also been a blend of red and green as the ft names ecb chief the person of the year. we're going to kick off with breaking news. for that would, we go to david faber. >> news on best buy, in the news yesterday. the stock up sharply. what we can tell you right now is the board of directors of best buy, and its founder, richard schultz, has been trying to put together a group to essentially buy the company in a go private transaction, have extended the deadline in which he would need to come with a bid for best buy and created a window in fact that will begin on february 1st next year and end with the end of that month on february the 28th. giving schultz the opportunity to look at not just christmas sales, but the end of their fiscal year, which will end at best buy
FOX Business
Dec 18, 2012 11:00am EST
the nation's capital on this. dagen: think those photos are yours and only yours? instagram says it could use your photos in ads, if it wants to. connell: this could cost us. the next on bank account adds. dagen: nicole 5 on the new york stock exchange. nicole: this is unbelievable. we continue to get the headlines out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john boehner says he is still negotiating plan a with president obama. the reason for the backup plan, speaker boehner says, after optimism, the white house is latest offer has soured the mood within republicans. >> it was essentia
NBC
Dec 26, 2012 3:00am EST
something different. i want to help you this earnings season. a new way to use earning season to put it in perspective because most of you watching the show are not these day traders that are hijacking a lot of the thinking. you're not trying to game a given quarter. it's become so difficult to predict and often the initial moves aren't even accurate because of the press coverage or because something nasty just occurred in the overall market because of europe or something involved in the election. in other words, other than for those who are shorting or going long stocks ahead of the quarter, these earnings reports need a context to make you money. they can't be relied upon anymore because they aren't as predictive of future behavior as they once were. they are a piece of the puzzle. a part of the mosaic. but they are only one of many important parts that predicts where a stock will go over the interyacht term. that tends to be the focus that i teach on the show. and it is a teaching show. because i want you to know the metrics i'm using to pick stocks i talk about and recommend here
CNBC
Dec 5, 2012 4:00am EST
statement to parliament today. will be out in westminster soon. steve is out to give us more detailed analysis of what to expect. let's just go back to the eurozone. as you say, thin advances here. are we capping -- it's up against the yen as well. there's obviously been a big yen story. >> yeah, i think the euro/yen has had perhaps more to do with eu euro/dollar than anything else. the euro crosses in general have been story rather than euro/dollar and euro/yen at the forefront. i think the euro/yen forecast is overplayed in what japan will ultimately deliver on. but mum is pretty good. i think you still play for a little yen weakness. i think we'll see a lot of people trying to buy yen back because i don't think we'll get delivery in all these preelection promises. >> do we all think we know what the chancellor is going to say? >> judging by the many pages being given to it in the newspapers, you feel like what else can he say? it's not going to be a day where you'll buy sterling aggressively because most of the news is going to be bad. we're going to have lower growth. potentially
CSPAN
Dec 26, 2012 12:45am EST
. this is about ten minutes. >> good evening, welcome and thank you for joining us. my name is richard fontaine. i'm the president for the center of new american security. it's a pleasure to welcome you all here to celebrate the publication of robert kaplan's new book the reason geography what they tell us about the coming conflict in the battle against the state. i've heard it said before that you all very great author by reading his books not by buying them -- they will be sold on the stage in this room back here. bald kaplan's work is known no doubt why this audience. he's been a senior fellow and in march of 2008 a foreign correspondent for the atlantic for about a quarter of a century and is currently the chief geopolitical analyst. i first became acquainted with his writing during his book with traces of history of the tight midwesterners living and working in the middle east. and since that book, the very titles of his work goes to the coming anarchy have provoked the debate. the recent book of american power has become acquired reading by those interested in the strategic competition in th
CSPAN
Dec 3, 2012 5:00pm EST
gdp, the entire economic output of the u.s. they have come down a little bit. economists think to be sustainable, budget deficits have to be in the range of 3% of economic output or a lower. the focus of this effort to reduce deficits now is on getting them, in the federal budget deficit to the range of 3% or so. that is what i mean when i say policymakers are not trying to get rid of the budget deficits. given the economic weakness, a little bit of deficit spending is probably not a terrible thing, at least in the eyes of some budget economists. i think there would be comfort in washington around 3% of gdp. getting there is a big challenge. there are problems with medicare and social security. they are facing big deficit situations. host: what motivates the creation of deductions? what about the other incentives? mortgage deduction it to encourage people to buy a home. guest: some of the deductions have been around forever, since the invention of the income tax. there has always been a deduction for interest that you paid. the government didn't think it could distinguish betwe
CSPAN
Dec 18, 2012 8:00pm EST
and hawaii. that's he humility he showed his entire life. there was no staff there just the two of us. we talked for an hour. i would always remember -- having passed away yesterday, it will be imbedded in my mind. as we left, we both thought about fact we had not been able to sit down and talk like that enough. he professed at that time -- his words -- how lucky he has been his whole life. he said i got at emphysema now. i said, not from smoking. he said, i learn to smoke in the war as a boy. he smoked from 1944 to 1967. he told me he had lung cancer. but they were wrong. they took part of his lung out. he talked about how lucky he had been with surviving what he fought with lung can certification but how lucky he had been his while life, for example, the war. i'm sure people would not reflect on his massive injuries as being lucky. butth but he considered he was lucky to have lived. he had been called upon with three other people, three other soldiers, to cross a river in the dark of night, to find out what was going on, on the other side of the river, and he and his three companions, i
CNBC
Dec 6, 2012 6:00am EST
losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that at least one major stock clearing house was raising margin requirements. and then there's the fiscal cliff. analysts citing fears about a hike in capital gains tax
CNBC
Dec 21, 2012 4:00am EST
the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john boehner's plan b failed. this all turned red and this is where we ended. the nikkei 225 coming back from that huge rally that we have seen over the last five weeks shedding 1%. the exporters hurt here because the dollar/yen was lower. it has regained some ground in the last few hours or so. the kospi shedding about 1%. blame politicians in the u.s. and blame heavyweight samsung. this accounts for some 20% of market value on the kospi index. down 4%. that hurt the broader markets. this is, of course, because eu regulators are p
CNBC
Dec 27, 2012 9:00am EST
for us? >> well, on the fiscal cliff, i wish it were different, but it certainly is beginning to shape up like, in the end, the democrats will be able to step back and say we raised taxes on rich people and the republicans will take credit for cutting programs. and it looks like it will go into january, unfortunately. the market doesn't seem to care. >> all the big deal, boehner and obama tried to do last year, still have to do that, simpson boles-type thing. >> by what the secretary of the treasury said yesterday. >> right. >> thank you for being here. >> bromance. a lot of fun. make sure you join us tomorrow. "squawk on the street" begins right now. >>> good thursday morning, welcome to "squawk on the street" live from the new york stock exchange, i'm carl kin ten nia with melissa lee, cramer and neighborer are off today but we are joined by dennis. good morning to you dennis, thanks for coming in. futures today, a lot to deal with as you probably know. the fiscal cliff headline watch continues. you just heard john kanas say the market not too concerned. futures up 21 points. decent dat
CSPAN
Dec 31, 2012 10:00am EST
, cultural, and economic ideas to the rest of the world. >> good afternoon. thank you for joining us here at the heritage foundation in our lewis lemon auditorium. we, of course, welcome those who joins honor heritage.org website on all of these. would ask everyone here in house if you'd be so kind to check cell phones one last time and see that they are turned off. thank you, louis. amazing how many speakers actually start doing that. we will post the program on a website within 24 hours for your future reference, and, of course, our internet viewers are always welcome to e-mail us with questions or comments, simply writing those to speaker@heritage.org. our guest today, doctor larry schweikart is a native arizonan turkey on this bachelor and masters degree at arizona state university and received his doctorate from university of california, santa barbara. throughout his high school and college, however, he spent most of his time playing drums in a variety of dance. as a rock, he was part of several groups, one of which opened for steppenwolf, among other performers for those old enough
FOX Business
Dec 27, 2012 3:00pm EST
tanked. the senate majority leader said nothing is happening in budget talks and looks like the u.s. is heading for the so-called fiscal cliff. he compared it to the ball dropping on new year's eve dropping on times square more ominously. more from the nation's capitol. in terms of industry groups and what is not working we start with financials. they're the biggest drag. money center banks like bank of america down 1 1/4%. goldman down 1%. morgan stanley down .8 of a percent. all those stocks are under pressure. tech stocks notably weak. apple inching to the round 500 dollar level. down to 510. it was north of 700 when iphone 5 came out early september. so the bear market continues to apple. as you can see, google also down, down about five bucks on the day. ibm down slightly a .10 or two. hewlett-packard off today, down one 3/4%. coming up later we have a contrarian investors sees big opportunity for hp in 2013. he nailed down the move in bank of america this year. he said it was the stock to buy. he was right. stick around for what he has to say about hewlett-packard. interesting
CNBC
Dec 7, 2012 4:00am EST
.3 earthquake strikes japan's northeast coast. tsunami warnings have been issued. job growth in the u.s. are expected to have slowed significantly in november as hurricane sandy battered the economy. and euro hits a session low, 0.4% as problems in europe's periphery continue to weigh. a powerful 7.3 magnitude earthquake has struck across japan's northeastern coast. the quake rocked buildings as far as tokyo according to reports. u.s. geological survey said there was no threat in the wider pacific ocean. the yen has been rising to a session high before we got details of that. and right now, you can see dollar-yen at 82.39. 82.17 before that happened. some safe haven in-flows into japanese currency. if there was going to be a wave in terms of tsunami that was going to hit, it would have happened around five, six minutes ago and she had yet to see any specific drop or change in the sea level. so we'll hope that that continues on that particular way. atomic power says no irregularities seen at its nuclear plant. operations are normal after the quake. so we'll keep our eyes on that. and we'
CSPAN
Dec 18, 2012 12:00pm EST
impression on a great many people around the world, and especially on the 100 of us who serve here. he commanded our respect in a remarkable way. part of it was because of his service in the war. he and bob dole, our former colleague, literally were wounded at about the same time in europe and were in the same hospital recovering from tremendously serious wounds. senator inouye, of course, later was awarded the congressional medal of honor for that. senator pryor was telling the story that when senator inouye was finally elected to congress he wrote senator dole a note and said, "i'm here. where are you?" because both of them, when they were recovering from their war wounds, had determined that one day they wanted to serve in the united states congress. inouye got here first. a few years ago senator inouye and senator ted stevens invited a number of us to go with them to china. it was quite an experience. senator stevens -- of course, another world war ii veteran -- had flown the first cargo play plane into what was then peking in 1974. and senator inouye was well-regarded in china for
CSPAN
Dec 3, 2012 8:00pm EST
't happen again. >> clifton truman daniel will join us to discuss the inspiration for his trip sunday at 9:00 p.m. eastern on c-span3. >> a report by the group securing america's future energy says the greatest threat to national and economic security is dependence on foreign oil. members of the group, business political and retired military leaders are suggesting a plan of maximizing oil and gas production, reducing consumption, and improving conservation as a way to boost revenue and reduce our debt. this is a little less than an hour and a half. >> good morning, everyone. thank you all for coming. i especially want to thank the members of the leadership council that could be with us here today. they've been a distinguished group of people working on this issue since 2006. we're nothing without their credibility as the great c.e.o.'s, entrepreneurs and military leaders of our time. i also want to give a special thanks to the staff at securing america's future energy. really we stand on their shoulders, all of us, and the hard work that they -- and the time that they spent to put these re
CSPAN
Dec 8, 2012 10:00am EST
people, voter i.d. laws a disproportionately affect us. if white people can go through all the laws, what are you telling back people? they are less than? that is what bothers me about rhetoric. we always have to make special --there has to be a specialist when we deal with minorities. it there too feeble mind it appeared we need to make concessions. they cannot follow the rules. we treat people like victims, i do not think they want to aspire. >> defense secretary leon panetta visited the walter reed medical center tuesday to celebrate the hospital's first anniversary. it was created out of the merger of the walter reed army medical center and the bethesda naval hospital. this is about 40 minutes. >> it is my true pleasure to welcome me here this morning. over a year ago to host a dedication ceremony for what was then the new walter reed medical center. you are words that many of us that day. he pointed out if his the people that can make the biggest difference. -- he pointed out that it is the people that can make the biggest difference. i would be happy to report to you that we stand b
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